Matrix Concepts hands over RM50mil premium payment for MVV 2.0


From left: Matrix Concepts Holdings Bhd executive director Kelvin Lee, Matrix Concepts founder & group executive deputy chairman Datuk Seri Lee Tian Hock, Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin and Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun.

KUALA LUMPUR: Matrix Concepts Holdings Bhd has handed over a RM50mil premium payment to the Negeri Sembilan state government for the Malaysia Vision Valley (MVV 2.0) project.

In a statement, the property developer said the contribution represents Matrix Concepts’ premium payment for MVV City Plot C.

The mock cheque was presented by its chairman, Datuk Mohamad Haslah Mohamad Amin, to Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun.

Matrix Concepts said the symbolic handover underscores the public–private collaboration driving MVV City, a planned growth corridor designed to spur economic activity, create jobs and support Negeri Sembilan’s long-term development agenda.

MVV City is a transformative project for Negeri Sembilan, and Matrix Concepts is honoured to contribute to its momentum.

“The RM50mil contribution represents a portion of the land conversion premium and underscores the group’s strong commitment to the development of MVV City.

“It also reflects Matrix Concepts’ confidence in the state’s long-term vision for the region. The group looks forward to working closely with the state government to shape MVV City into a dynamic and sustainable hub that will benefit communities for generations to come,” Matrix Concepts said.

Looking ahead, Matrix Concepts remains dedicated to supporting Negeri Sembilan’s developmental aspirations through strategic partnerships and impactful investments, reaffirming its role as an active contributor to the state’s economic progress and community well-being.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Kim Loong reports higher 4Q net profit
YTL REIT leases AC Hotel Puchong to YTL Corp unit
Binastra to sustain growth momentum
SC launches FIKRALab to drive development of Islamic capital market products
FBM KLCI ends at day’s low, ringgit hits two-month low
Gold drops 1% as markets assess Mideast ceasefire prospects
Margma urges relief measures amid NBR shortage due to Hormuz blockade
Berjaya Sompo appoints Soo Wai Har as CEO
Golden Destinations eyes RM90mil from ACE market IPO, to allocate RM50mil for new HQ
Philippine central bank holds rate at 4.25% as inflation risks rise

Others Also Read